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To: RetiredNow who wrote (67336)3/11/2005 11:43:55 PM
From: Lizzie Tudor  Read Replies (4) | Respond to of 77400
 
did you look at that link I provided?

I am talking about the nasdaq, which is the GROWTH index, and its relative performance vs. previous market periods. 10% is sub par, in avg market times. Like the 80s.

The reason the indices you cite had better returns than other periods is due in large part to energy stocks. The problem is, energy stock price appreciation is basically an inflation index, and damaging to growth stocks.

As a whole, the US economy is healthier when growth stocks do well. Metals and oil mean things suck.